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Option traders moderately bearish in Core Scientific, Inc with shares up 2.12%

Option traders moderately bearish in Core Scientific, Inc (CORZ), with shares up 44c, or 2.12%, near $21.21. Options volume more than double the daily average with 235k contracts traded and puts leading calls for a put/call ratio of 1.23, compared to a typical level near 0.54. Implied volatility (IV30) is higher by 3.0 points near 91.18,and above the 52wk median, suggesting an expected daily move of $1.22. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Core Scientific, Inc (CORZ) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

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